Brief: QRF Comm.: It Is Too Early To Assess Impact Of Coronavirus Crisis On Results

Qrf NV

25/03/2020 17:33

March 25 (Reuters) - QRF Comm. VA  QRF.BR :
    * UPDATE ON THE CURRENT IMPACT OF COVID-19
    * ON CORONAVIRUS: IT IS TOO EARLY TO ASSESS THE IMPACT OF
THIS
CRISIS ON THE RESULT OF 2020
    * QRF TOOK SEVERAL MEASURES LAST YEAR TO INCREASE THE
STABILITY OF
THE COMPANY, ITS LIQUIDITY AND BALANCE SHEET
    * COMPANY EXPECTS, AS ALREADY ANNOUNCED, A POSITIVE CASH
IMPACT OF
€20 MILLION IN 2020
    * POSITIVE CASH IMPACT EXPECTED FROM LAUNCH OF JV PROJECTS,
SALE
OF A SITE IN WILRIJK
    * QRF IS SUFFICIENTLY ARMED IN TERMS OF LIQUIDITY AND
SOLVENCY TO
FACE THIS CRISIS EVEN IF IT PERSISTS FOR A LONG TIME

Source text for Eikon:  urn:newsml:reuters.com:*:nNDL8cV5Z
Further company coverage:  QRF.BR 

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